Per Woofun AI, Vice Governor Xuan Changneng of the People's Bank of China disclosed that China's anti-money laundering framework has entered a phase of high-quality development, yielding substantial results against illicit financial activities. The central bank official emphasized that by 2025, the number of nationwide convictions under Article 191 of the Criminal Law is projected to surpass 2,000, reflecting a sustained escalation in enforcement rigor.

Since 2022, regulatory authorities have systematically intensified operations targeting professional syndicates, virtual currency-based laundering schemes, and cross-border capital evasion. This strategic pivot aims to enhance the precision and efficiency of investigations, prosecutions, and judicial outcomes, thereby reinforcing the integrity of the financial system against emerging digital asset risks.